Stocks manage modest gains in range-bound session

KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved within a narrow range on Friday, with the KSE-100 Index tilting both ways...

Rupee gains 67 paisas in interbank market after a weak week

KARACHI: The exchange rate of Pakistani rupee strengthened by 67 paisas against the United States (US) dollar in the interbank market on...
Oil producers

Oil falls below $43 on virus fears, still heads for weekly gain

SEOUL/LONDON: Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could...

KP businesswomen continue to struggle despite ease in lockdown restrictions 

WCCI president demands provision of low-interest loans of up to Rs2 million through easy paperwork

Gold soars to record high of Rs105,200 per tola

Karachi: Gold prices in the country increased by Rs700 per tola to reach an all time high of Rs105,200 per tola on...

Asian countries to make economic recovery by 2021: Fitch Solutions

KARACHI: Global output will contract by 3.6 per cent in 2020, but Asian countries will outperform other markets in 2021, according to...

Oil product demand growth will never recover to pre-Covid levels: Citi

'Oil prices are likely to fluctuate between $45 and $60 a barrel in the long term'

Stocks post modest gains amid volatile activity

KSE-100 fails to capitalise on gains accumulated in early trade, closes higher by 88.77 points at 34,978.18

FY20: PSX among top-performing markets despite Covid-19

Pakistan Stock Exchange remained Asia's third-best market in FY20, after China and Taiwan

Global light vehicle sales to fall 20pc this year: Moody’s

NEW YORK: The coronavirus compounds the challenges already confronting the global auto industry and Moody’s estimates that global light vehicle sales will...

Oil rises 2pc on US crude stockpile draw, global manufacturing activity

NEW YORK: Oil prices rose nearly 2pc on Wednesday following a drawdown in US crude inventories from record highs and a string...

Tesla becomes most valuable automaker in latest stock rally

Tesla Inc on Wednesday became the highest-valued automaker as its shares surged to record highs and the electric carmaker’s market capitalization overtook...

‘Fuel shortage must not be linked with partial curtailment of oil imports’

Petro Division urges media to provide objective info to public and reserve comments till court judgments

Urea offtake jumps 76pc to 1.2m tonnes in June

Inventory levels drop to 400,000 tonnes in June from 1.1m tonnes in May

IMF revises down Asia’s economic forecast; warns of $12tr loss globally

'For the first time in living memory, Asia’s growth is expected to contract by 1.6pc, a downgrade to the April projection of zero growth'